Clinicallabo…, Home Buyer in Valencia, CA

pmi on 5% down conventional loan

Asked by Clinicallaboratoryscientist, Valencia, CA Tue Feb 26, 2013

Help the community by answering this question:

Answers

6
Qualify in minutes with a few dozen question with a minimum 620 fico for 5% down conventional and NO Mortgage insurance (Lender paid MI). There is also closing costs to go over which can be partially covered with premium financing...

http://www.under640ficoscoreloans.com/Pages/Conventional.aspx

http://www.under640ficoscoreloans.com/Pages/FHA.aspx

http://www.under640ficoscoreloans.com/Pages/JumboLoan.aspx

http://www.under640ficoscoreloans.com/Pages/CHDAPLoans.aspx

http://www.under640ficoscoreloans.com/Pages/HalfPercentDown.aspx

http://www.under640ficoscoreloans.com/Pages/ContactSheryl.aspx
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
20+ Years Experience
DRE# 01140252
NMLS# 297251
760-486-4225
9am till 9pm 7 days
http://youtu.be/MrygA2_8fAY
0 votes Thank Flag Link Wed Feb 27, 2013
There is another excellent loan program offered by UNION BANK that is 5% down No PMI. This program is for first time buyers and there are certain qualifications like income limits but it another opportunity as well.

I would be happy to connect you with the VP of the local branch in Santa Clarita. This loan program is similar to what is terms "portfolio loan" which is may not under guidelines like FHA or FANNIE MAE so provides options. Also great if you are looking at condo or townhomes where there needs to be an Approved HOA.

For more information please feel free to contact me at any time. I may be reached on my personal direct line at 661.290.3759. Over 24 years experience to help you find the right home.

Respectfully,


Errol Valladares
KELLER WILLIAMS VIP PROPERTIES
CA DRE #01020758
Santa Clarita Valley Latino Chamber of Commerce - Board member
25124 Springfield Court #100
Valencia CA 901355
661.713.1888 c
661.290.3759 o
errol.kw.vip@gmail.com

Providing real solutions for your real estate needs for over 24 years!

Please "like" my Facbook page: http://www.facebook.com/ErrolSellsHomes
0 votes Thank Flag Link Wed Feb 27, 2013
Hello, you may qualify with a minimum 620 fico score for 5% down conventional financing with NO Mortgage insurance (Lender paid MI). It only takes a few dozen questions to qualify you in minutes for the loan program to fit your needs the best financially. You may also consider FHA half percent down payment program with a minimum 580 fico score which can contribute towards your closing costs as well. You may qualify for 3% down conventional with a minimum 700 fico score.

I specialize in Under 640 Fico Score Loans and offer credit repair at no cost to raise fico scores to qualify. Here are some links to study and consider.

http://www.under640ficoscoreloans.com/Pages/Conventional.aspx

http://www.under640ficoscoreloans.com/Pages/FHA.aspx

http://www.under640ficoscoreloans.com/Pages/CHDAPLoans.aspx

http://www.under640ficoscoreloans.com/Pages/HalfPercentDown.aspx

http://www.under640ficoscoreloans.com/Pages/ContactSheryl.aspx
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
20+ Years Experience
DRE# 01140252
NMLS# 297251
760-486-4225
9am till 9pm 7 days
http://youtu.be/MrygA2_8fAY
0 votes Thank Flag Link Tue Feb 26, 2013
Are you aware of the Economic Opportunity Mortgage? First time buyer (or not owned in the last 3 years according to your tax returns), above a 620 FICO Score(this is a score thru the 3 credit agencies) & a household of less than $77,000! This loan is slightly higher today at 4% BUT, you only need 3%(of the sales price) of your own money, a gift (if you need it) up to 2%(of the sales price) & you can ask for a seller credit up to 3% of the sales price.
Another way is to "pay up front" & not have MI again.
We can be reached at 661-286-8672 for additional information if this particular progam does not fit your needs.
Thanks for your time, Dwight Hawkins
Realty Executives-Valencia
0 votes Thank Flag Link Tue Feb 26, 2013
Let me know if you would like a referral to a quality, professional lender that will qualify you and see the best loan for your and your family. There are 5% and lower down payment Conventional Financing loan available but you need to learn the best option for you.

Also let me know if you would like a referral to Home Insurance Companies working locally in the Santa Clarita Valley. Word of the mouth is the best advertisement one can receive.

Your Friend & Realtor,

Tony Lewis RE/MAX of Valencia 661-510-7975
Web Reference: http://www.TonyLewis.com
0 votes Thank Flag Link Tue Feb 26, 2013
We would need to know other factors in order to give you a good idea of the PMI but you can try for yourself using a PMI Calculator. Here is a link to a good one:

http://www.goodmortgage.com/Calculators/PMI.html

Good luck
0 votes Thank Flag Link Tue Feb 26, 2013
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer